Trek Metals has expanded its exploration efforts in the Pilbara after signing separate agreements to acquire gold and iron ore tenements, close to the company's Pincunah project.
Our board moves wrap includes Gernot Abl, Adam Jacoby, Roger Jackson, Raj Ray, Adam Zorzi, Chris Sutherland, John Young, Li Yi, James Phipps, and Lindsay Maxsted.
Our daily board moves wrap includes Aidan Platel, Chris Hansen, Adam Santa Maria, Ryan Gaffney, Daniel Schuster, Peter Schwarz, Brendan Borg, Brad Drabsch, Sonja Neame, and John Young.
Bardoc Gold will raise up to $11.3 million via a share placement and rights issue, while Ausgold will raise $1.8 million through a share placement, with both companies to put the funds towards their respective flagship projects.
Junior gold explorers Spitfire Materials and Excelsior Gold, which own neighbouring projects north of Kalgoorlie, have agreed to a merger, with the new entity worth about $80 million.
Scott Mison has resigned as executive director, chief financial officer and company secretary of Jupiter Energy. He has been with the company since 2007.
Pilbara Minerals founder John Young has stepped down from the company's board, with Sally-Anne Layman set to become a non-executive director as the company closes in on first lithium production.
Junior explorer Spitfire Materials has tapped investors for $5.3 million via a strongly supported share placement as the company ramps-up exploration work at its Western Australian gold project.
Gold junior Spitfire Materials has entered into an agreement to merge with Victoria-based Aphrodite Gold in an all-scrip deal that values the target at about $32 million.
Perth-based Spitfire Materials is seeking to grow its gold exploration portfolio through the acquisition of a private company led by Pilbara Minerals directors Neil Biddle and John Young, in a scrip deal worth $4.7 million.
Former Atlas Iron managing director Ken Brinsden has joined a budding lithium producer that will pay less than half his old salary, even though the company has a market cap five times that of his old employer.
SPECIAL REPORT: The potential for mass production of electric cars is among a number of high-technology trends sparking interest in Western Australia's lithium sector, with a series of companies touting projects to meet a forecast surge in demand.
